FX Rand

21/04/2022

Have you formally emigrated from South Africa and wish to transfer your funds to your newly adopted country at the best possible rates, through a trusted forex provider? Read on.....

03/11/2021

The increase in the price of fuel filters through to every sector of the economy. Surely this inflationary pressure will be followed by interest hikes, but what will this mean for the Rand going forward?

https://zcu.io/CNvB

The rand fell to an eight-month low yesterday as the combination of lower commodity prices, the resumption of rotational power cuts and an unprecedented petrol price hike put the skids on the risk sentiment in the markets.

05/10/2021

More pain to come....

South African rand bulls should be wary of U.S. data and Federal Reserve directives in Q4. Labour data later this week could prove crucial to Fed decision making and may hold the key to the Q4 ZAR ...

29/09/2021

The Rand is suffering....

The rand is taking a bigger hit than most of its emerging-market peers as an energy crisis and Chinese growth concerns batter the South African currency and worsen the country’s inflation outlook.

28/09/2021

The Rand heads south......

The rand is taking a bigger hit than most of its emerging-market peers as an energy crisis and Chinese growth concerns batter the South African currency and worsen the country’s inflation outlook.

24/09/2021

Breaking tax residency - South Africa.

The South African Revenue Service (SARS) has introduced a new declaration form that can be used to inform them that a taxpayer has broken South African tax residency.

21/07/2021

Discover how FX Rand can save you money and effort when transferring money from South Africa through foreign exchange transactions. Read this short blog posted below....
https://zcu.io/88uR

Consider the amount of foreign currency you receive when transferring your hard-earned money out of South Africa. There could be quite a bit of cost wrapped...

16/07/2021

Do you live in South Africa and want to transfer funds abroad? Or have you emigrated but still have some financial ties? Either way, we've got you covered!

09/04/2021

The South African Rand is one of the most volatile currencies in the world, hence the reason why it draws the attention of so many speculators. With that being said, are we currently at a low or a high? When is the right time to do that long awaited transfer? Here is a good read on the current position of the Rand.

https://zcu.io/jVil

The rand has gained significant ground in recent sessions, benefitting from risk-on sentiment, and optimism around a global economic recovery.

07/04/2021

The Rand has been persistent with its R14.50 level against the US Dollar. A better economic growth outlook locally and abroad has contributed to the performance of emerging market currencies. Can this trend continue?

https://zcu.io/Kfp3

Rand retreated in early trade on Wednesday, though the unit hovered near its five-week best as a softer US dollar and global economic recovery hopes boosted demand for riskier but high-yielding currencies.